--------------------------------------------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File Number: 000-12564
---------------
(Check One):
[ ] Form 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-Q [ ] Form N-SAR
For Period Ended: March 31, 2001
--------------------------------------------------------------------
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:
---------------
--------------------------------------------------------------------
Nothing in this form shall be construed to
imply that the Commission has
verified any information contained
herein.
--------------------------------------------------------------------
If the notification relates to a
portion of the filing checked above,
identify the Item(s) to which the
notification relates:
--------------------------------------------------------------------
PART I -- REGISTRANT INFORMATION
--------------------------------------------------------------------
Full Name of Registrant
Sterling Capital Investment Group, Inc.
--------------------------------------------------------------------
Former Name if Applicable
Sterling Media Capital Group, Inc.
--------------------------------------------------------------------
Address of Principal Executive Office (Street and Number)
4570 Westgrove Drive, Suite 220
Addison, Texas 75001
--------------------------------------------------------------------
PART II--RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rules 12b-25(b), the
following should be completed. (Check box if appropriate)
[ ] (a) The reasons described in reasonable
detail in Part III of this form could not be eliminated without
unreasonable effort or expense;
[X] (b) The subject annual report, semi-annual report,
transition report on Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion
thereof, will be filed on or before the fifteenth calendar day
following the prescribed due date; or the subject quarterly report of
transition report on Form 10-Q, or portion thereof will be filed on or
before the fifth calendar day following the prescribed due date; and
[ ] (c) The accountant's statement or other
exhibit required by Rule 12b-25(c) has been attached if applicable.
PART III--NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 20-F,
11-K, 10-Q, N-SAR, or the transition report or portion thereof, could not be
filed within the prescribed time period. (ATTACH EXTRA SHEETS IF NEEDED)
The company has been experiencing an extreme cash shortage
since promised funds were not delivered. The shortage has caused the
Company to be unable to make complete payments to its appraisers and
auditors. Without the services of these individuals, the Company has
been unable to complete the financial reports necessary to support its
periodic filing. The Company is actively pursuing other funding sources
to allow it to obtain the services needed to make the required filings.
It is hoped that these reports can be made without significant further
delays.
PART IV--OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification:
Tom D. Winslett, II 972 248-4411
------------------------------------------------------------------------------
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d)
of the Securities Exchange Act of 1934 or Section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If answer is no,
identify report(s).
[ ] Yes [X] No
(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject report of
portion thereof?
[ ] Yes [X] No
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons why a
reasonable estimate of the results cannot be made.
Sterling Capital Investment Group, Inc.
----------------------------------------
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date May 14, 2001 /s/ __Bob L. McGiboney_____
----------------
Name: Bob L. McGiboney
Title: President
INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.
ATTENTION
--------------------------------------------------------------------------------
Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001)
--------------------------------------------------------------------------------